Breaking ZEEL and Sony merger approved by ZEEL board; definitive agreements signed

[Shiv Verma]

Get a new CEO or scrap the Zee-Sony merger: The way ahead for proposed Indian media giant

Analysts feel a delay in the merger between Zee Enterprises and Sony is now inevitable. However, SEBIs Monday ruling against Essel Group's Subhash Chandra and Zee Entertainment's Punit Goenka could largely mean two things: either Goenka walks out, or Sony will. Read on to know how analysts think...

economictimes.indiatimes.com

 

[federer.reddevil]

Doesn't matter. They still lost ad revenue. JioCinema actually made 5x more than what Disney+ Hotstar made. They may both be at loss in this edition of IPL but digital saw actual growth in terms of ad rev.

So digital won the race this year.

Still both made loss that is the bottom line both overpaid for the rights Star for TV and Jio for Digital and now both in loss

 

[Ashok Varma]

Still both made loss that is the bottom line both overpaid for the rights Star for TV and Jio for Digital and now both in loss

Jio has a chance to breakeven for last 2 to 3 years (2025-27), if they properly utilize 5G/FWA reach.

Fwa: Reliance Jio has edge over Airtel in deploying FWA 5G, claims report - Times of India

Fixed wireless access (FWA) can be an important leg of 5G monetization, as it could give telecom companies an easy entry into homes if priced right; c

timesofindia.indiatimes.com

 

[vinit]

NCLT defers hearing on Zee-Sony merger to June 26, status remains on hold

Zee-Sony merger remains on hold as NCLT defers hearing to June 26

The National Company Law Tribunal has deferred the hearing on the proposed Zee-Sony merger to June 26. The merger is aimed at creating a $10 billion media giant with the financial muscle to challenge online streaming platforms such as Netflix and Amazon in India.

www.livemint.com

 

[peter9]

Zee writes to SEBI: 'Continuous and repetitive' investigations can impact merger with Sony

Zee is currently in the process of a merger with Sony Pictures Networks India Pvt Ltd (Sony) for which a No Objection Certificate (NOC) has been obtained from SEBI.

www.businesstoday.in

 

[peter9]

https://www.business-standard.com/companies/news/sebi-justifies-urgent-action-in-zee-matter-123061800218_1.html

 

[RdX]

Let's Hope this Sony/Zee merger never happen.

 

[StoriesWithPK]

Let's Hope this Sony/Zee merger never happen.

Agree. If it happens then Disney Star is done.

 

[RdX]

Agree. If it happens then Disney Star is done.

Sony looks like ATM for Zee, they will spend money for their own Essel Group family purpose. This merger nothing benefits for Sony itself, on Entertainment, Sports and OTT.

Viacom18/Reliance too tried talks with both Sony and Zee, but negotiations failed. Without merger Still Viacom 18 giving tough competition for Big broadcasters like Disney, Sony, Zee.

 

[StoriesWithPK]

Sony looks like ATM for Zee, they will spend money for their own Essel Group family purpose. This merger nothing benefits for Sony itself, on Entertainment, Sports and OTT.

Viacom18/Reliance too tried talks with both Sony and Zee, but negotiations failed. Without merger Still Viacom 18 giving tough competition for Big broadcasters like Disney, Sony, Zee.

Sony benefits from Zee's movie studio and their reach in regional markets.

Viacom18 giving tough competition due to their cash pile from petroleum or telecom revenue.